Source: AP / NFL
The NFL has agreed to pay $42 million as part of a settlement with a group of retired players who challenged the league over using their names and images without their consent.
The league will use the money to fund a “common good” trust over the next eight years that will help retired players with an array of issues including medical expenses, housing and career transition. The settlement also establishes a licensing agency for retired players to ensure they are compensated for the use of their identities in promotional materials.
“We look forward to building an unprecedented new relationship with retired players that will benefit everybody, especially those who need extra medical or financial assistance,” NFL Commissioner Roger Goodell said Monday in a statement issued by the league.
The settlement could improve the frosty relationship between the NFL and many of its retired players who have felt left behind as the league has exploded in popularity over the last decade. Former stars like Mike Ditka, Jim Brown and others have lobbied hard for more help dealing with retired players’ mounting financial difficulties and medical expenses.
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